The Atlanta Georgian. (Atlanta, GA.) 1906-1907, October 15, 1906, Image 11

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am |p uc to Heavy Rain in PaiTs of Texas Over Sunday. IvEW YORK TAILED ON I Scored New High Levels for Present Upturn—In duced Profit Taking. 0 legitimate TRADE j 1 0 NEED NOT BE ALARMED. 0 0 Yew York. Oct. 15,—Pearsall’s O n Market Bulletin says: 0 It) “Harris Jordan, while In Wash- 0 I 0 Ington yesterday, said that Wall 0 10 street speculators are in a con- 0 I*mlrecy to Injure the cotton plant- O I 6 ers by exaggerating the extent of 0 15 the damage done by tile recent 0 11) storm, and Texas cotton Is being 0 I ft unfairly favored at the expense 0 ft of tl>< Atlantic states, and believes “ 15 that the present advance In prices | ft *111 be followed by a severe slump I ft unless speculation Is checked at 0 I ft once. ’While the crop will not be 0 I ft as large aa anticipated on August 0 I ft [ • said he, ‘It will be the second 0 I ft largest In the history of the 0 | ft South. There Is no need of those I ft legitimately engaged in the cot- I ft ton business either as buyers or I ft manufacturers to become hysterl- 0 I ft cal.’"—Gilbert & Clay. 0 | ftftftOO6O0O0OOOD00OO000O0O0O Kew York, Oct, IS.—Following I sharp advance In Liverpool, the local I tetton market opened 22 to 29 points I higher, with traders excited. The UP' Ihm in the English market and the I strength here was due to heavy rains In Jltrts of Texas over Sunday. Prices I here scored new high levels for the I present bull movement, attracting soma liberal profit-taking In quarters, but not |onch short selling. The Liverpool market was very wild I ud excited at the opening this morn ling, report* of rains In Texas over Sun | day causing extreme nervouenesa among | the shorts, and at the eeme time In' I lured liberal support by the bulls. I That market was expected to show I an advance of about IQ points, whereas I Initial prices were. 21 1-2 to 27 1-2 I points above the closing figures of lest ■ Saturday. The close was 20 points ftp. I Spot sales were 7,000 bales at 2S | points advance, making middling 6.69. | The market was called firm. .Yew York opened 22 to 29 points I higher In response to Liverpool's show- ling and sold up to the beat prices 'of I the present bull movement. At the ■ high point there was liberal realising. Ion which the market slowly sagged, I the dote being S to 12 points higher. I Bln Giles makes condition 68.4. ■ which represents a crop of 11,400,000. I In New Orleans spots are quiet, but I firm. It Is said that there Is hardly I any cotton for sale, and that every bale I fn purchased as quick as. It arrives. THE ATLANTA GEORGIAN. MONDAY. OCTOBER 15. 19C6L Edited by Joseph B. Lively MARKETS Mr. LIrely'a twenty-five year*’ experience of ed iting market! In Atlanta and tbe South baa made him n recognized au thority In hit specialty. TIPS FLASHED From Wall Street VdvstetVIre to Glliert Sc Clsy. „ ' .w 'York, Oct. 15.—Liverpool nt 12:20 u. higher. \Vn« due about 9 up. We should o|>eu shout 15 higher. 1 Liverpool cabins; "ilorket Affected fa vorably |»y Iniylu^ hy Kgyptlnns largely RANGE OF NEW YORK STOCKS AND COTTON MARKETS the Mount mid re,Tilling of lo&MoSsS, A'ir* re,M,rt wm rarr f «®p Prediction* are for unsettled weatm-r throughout the belt during next twenty-four SPOT COTTON MARKET* I Mrarpoof, spot cotton firm: middling up- I land* «.59d; Mies 7,000: American 6,400* apec- |il*rj«n and export 5ft); receipts 18,000, all I American. Atlanta, New York, qulat |eoatr«ct 300. New Orleana. ateady at U%c. Oavannnh. ateady at 11c. *f. Lonb. ateadT at U?4c. Augusta. Arm at U%c. TODAY’S PORT RECEIPTS. ■ New Orleans I Cskeatnu iJtoMla ” Iwrannah ItTuirlefton ■ "llmlngton ,, ,, 14491 2(401 1949 11919 1296 (706 4S12 UW lrxci 2501 INTERIOR movement. I bft' oI ! ow,n » ahowa receipts at tha l52?iyl« W . n e # y^ 7 ’ "W* "1* „ IH gather ftonrer The frost area was confined to the «- treme northern part of the bolt. Tho lari producing distrlctn were not affected There la yet a gc*>d chance for large crop. Revisions of cotton gooda prices were be- Ing made ateadily lu the dry gooda market on Knturdiiy and further announcement* ' •liango* are to Ik* made today If there .. jh» radical change In the outlook for trade. Merchant a have reached the point where there are limited atocka; the pressure of the mills to secure them against the '•hatiged cotton outlook must be heeded, The feeling that prices may be nut be yond the <‘mistiming level is being kept well In tnlnd, nml general disposition lu the trade la to proceed conserve tJvelv. even In the face of an extremely high demand. New Orleans. Oct. 15.-Uverpool 28 high- *. Mas due 15 points higher. We Should open 26 point* higher. The advauce 1a at til bn fed to reports of heavy rains. Liverpool cables: “General buying: sell era are scarce: the feeling la bullish.” This morning's Picayune has the follow ing advisory warning: “Advisory, 12 uoon: Disturbances over west golf will move rap idly east or north of east, with Increasing and high northeast winds on the middle and east gulf and south Atlantic coasts durini next thirty-six hours. Dangerous to emal vessels ou gulf and oil south Atlantic Times Democrat says: “Gale on Texas coaat la cause of anxiety. No neat dam age save overflow yet reported. Heavy rain In Texas damages cotton and rice.” Our traveling representative wires froi_ Greenville, Miss.: "Arkansas along river same as Mississippi. This crop in bad shape: damage Is permanent. Weather un settled; cool, and threatening rain.” The eastern forecast Indicates rain to night and Tuesday for western Florida, Alabama and Mississippi. Partly cloudy to night and tomorrow for Georgia nnd east Florida, and fair tonight and Tuesday for North Carolina nnd 8outh Carolina. Th« western forecast Indicate* fair to night and Tuesday for western Texas, and partly cloudy In southeast In the north east portion, occasional showers ore expect rains Louisiana nnd eastern Texas, and Indications point to further molstnre In the belt. The east ern belt, howerer, la clear and cool, but a ed tonight and tomorrow. Today’s map Is unfavorable; heavy have occurred In Arkansas, north Louli nnd eastern Texas, and Indications i low barometer pressure overlies southern Florida and may cause rains to fall In that section. The market Is strong and flrnily resists considerable pressure to force prices lower. Private Wire to Ware St Leland. New York, Oct. l5.“Llverpool opened ex cited and Irregular 15CJ0 point* up. At 12:15 p. m., 26VMKm up and firm. Sales. 7.000 spots, 20 up, at 168d. Futures were due to come about 10 «p. ' New Orleans, Oct, 15.—Cables report excited and sensationally high Liverpool market. What could have Justified on ad vance of 27 points has not been Earned ret. Weather reports show considerable rain over Sunday, especially In the western belt. . THE WEATHER. LOCAL FORECA8T. FOR ATLANTA and Vlclnity-Psrtly cloudy tonight and Tueeday. WEATHER CONDITIONS. The storm area which was over western Te«. Saturday mornlnx haa 'iJ^*K!„L n anrrxy. causing hl,h wind* at Jolt Rmltk. Ark* and rslu from Tern* and Louisiana northward to Yebrftska and Iowa. Hoary rain, occurred nt polnta In T * x **- Lontalnna and Arkanaa,. the hrarlrat brine 2.62 at Shrrman. Trxaa. Thin rain area la ex pected to rxtrnd aa far eaatward at Ala- The 'l'tarorartrf^’contlnna, tilgh over the rantrrn half of tbr Country with the rreit of the ware over New York and New hng- land. Yo very low temperature, are To- K rted In the area under Itn influence. Light tat, occurred In North Carolina. Temper- atnrra were* lightly lower over the western half of tho cotton bolt. Conditions fnror partly cloudy weather thl. aectlon tonlftW Temporarily In Charge. COTTON REGION BULLETIN. For the 24 honrn ending nt * a. m., 76th meridian time. October 16. 1904: STATIONS OF ATLANTA DISTRICT. Temp’ture. X.. T H , e COFFEE MARKET. I „ .*.V’ rk ' B*t. IS.—€ -offer opened , I t« KtKl'V^ ® ,0 w '"’■"I* ,n -e* ■ r" jj-ce nr o to iu points in response I tw.Hn French cables than expected and I European abort*, opening ulMiut I iflrir Vi’* 1 *' Wn * about aa due on the New I b Kil"" of Saturday. Ilnrre waa U to I St w/ih i. B * ,lu> *"’" r °f 'be locnl upea-i Ir " I "-“ember relatlrelv firm, evident- y’?, “ f-TOjt of covering.—Olliert Sc flay. I «, .."fog '» the opening range and dotal Opening Uunarr 'fK*- fcsr "is* fe. kbguat \ te-- -.- I * wmhFr,,, Hofo.! steady. .'^Sa70 .IitSaw . .6.90-6.90 . .(.904.95 ..(.95-7.0*) ..(.36-6.50 ..(.404.60 ..150 Close. 6.80-6.55 6.65- 6.60 *60-6.63 6.66- 170 6,70-6.75 1754.80 6.8S4.90 6.904.95 6.157.00 1404.45 140-1-Ti 6.464.60 •Atlanta, cloudy . - •Chattanooga, pt., cloudy. Columbus, cloudy .... Gainesville, cloudy .... Greenville, clear Griffin, clear •Macon, clear ...... Montleello. dear Xewuan. cloudy me, pt. elouuy Spartanburg, clear .... Tallapooaa. cloudy .... Toceoa. cloudy ...... West Tolnt. clondy ... ■Minimum temperature, .re for t; period eudlog at 8 a. m. thl, i! LIGHT FROSTS. Gold.boro.^V^. nA , Nfc . AI Ig Manidled, r " •• Sherman. Texas leingdew, Trxaa Malvern. Ark. .. I-reicott, Ark ill ar NAME OF STOCK. Amalgamated Cupper.. Atlantic Coaat l.fue. .. American sugar Itef. .. . do, blef.rred. . . . Anier. Smelting lief. . AtchiioS”!"”?-.::: do. preferred. . . . Americau Cotton oil. . .mer. Car FonuUry... altlmoro Sc Ohio. Colorado Fuel ft Iron.. Central Leather. . ..! -...tlOf .preferred. . . . Chic. 1 Great West's. Ch e.. JsH t Bt, F. . K? l f,?r ire & Hudson... Distlller*a Securities... do, preferfeil.* {.woralJnectrlc. . . ; Illinois Central. .... Amer. Ico Securities. .. Louisville 1 Nashville.. Mexican Central MDtourl Pacific. . ....... ^ - J0UI1 ,loflt •‘•let t^raim .herein NAME OF STOCK. N. Y.. out. ft Weateru. National Lead. Northern Pacific. . , . New Y’ork Central. . . Norfolk A Western. . . Pennsylvania People's Gas . Pressed Steel Car. . . rASEST?' 1'endlng Republic Steel Rock island do. preferred. • . • United States Rubber. do. preferred. . . . Foathern Pacific. • • . Southern Railway. , . ao. i>referreU. . , . Sloss-Sbeffleld Tenn. Goal * Iron. , . Texas & Pacific. . . . . Union Pacific United State* steel. . do. preferred. . , . Va.-Car. Chemical. . . , do. preferred. • . . , Western Union Wabash . do. preferred. . . . , ttlsconstn Central. . . , do. preferred. . . . , 2* k Private Wire to Glbert & Clay. New York* Oetotter 15,—Marshall. Siwder A Company: There la nothing In the fore cast of the week's happenings which should nee na a disconcerting influence nnd many gs point to support of tbe market by large Interest, but ibis Is about all that run l>e said nt the momeiu. The public mind Is much absorbed In politics, though the result covery liefore the close. Steel Common Is being quietly accumulat ed bjr the best people. Daniel O'Dell & Company: Would not be urprlsed to see an Irregular market today with a further decline in general list. In which event purchases of good rails for a turn shonld prove profitable. New York Financial Bureau: While Amalgamated Copper mny be manipulated a little further dowti. no extreme pressure near the close was apparent, the metal situation will bold It higher. The tempo rary tendency «>f Union Pacific Is down ward. with scale support only, but porren nrounn «. nwei- tipportlns orders toward [indrawn, a sharp drop Ml l»y the l>ears. Atehl- NEW YORK LIVERPOOL. The following Dgure. giro th« opening clow" nl>d cluK ' “>“P» r «J with yesterday'. Future, opened Arm. Opening. Pre.lou, lung,. Close. Close. ...*17 ■«.“) All R.J9 ..1.09 .«.19H IUI 6.92 . .6.M -6.15 6.0814 6.98 .6.04 -6.141, 6.06 6.17 .6.06 -6.16 6.0* 6,9ft , .6.1*7 6.16 6.10}, g.»! . .6.00 A.lft 6.121, 6.92 .Fiu-eiox s.mt-1-u -- Eny-June 6.12 -0.22 one July..' 0.12 -4.22 Cloud barely Heady. October.,. . Get.-Nov. . Nov.-nee. . Deo.-Jnn. •. Jnn.-Feb. . Keh.-lfgreh.. Moreh-Aprll. lit .... 6.16^ 5.97 .92 Vi 6.94 5.95Vi NEW ORLEANS. tures In New t > today: would buy It when hammered, as it Is a cheap stock compared with others. United States Steel Is supported around 4S. Hmel tet-s Is held with aui * J — 158. If this Is will might lie engineered son It supported ti. Pacific meets foreign buying on the de cline, support seenilug to be around 178. The temleucy of Chesapeake and Ohio Is reactionary at present, ou account «>f tbs failure to Increase the dividend. St. Paul Is sold by professionals with but little sup port nlmve 174. according to a specialist, Colorado Fuel nnd Iron Is also sola by pro fessional traders. \\t would buy Louisville nnd Nashville and Baltimore nud Ohio on this decline for a good pull later. Hpeclallst sources do not give any support from the figure nt these levels for Pennsylvania Private Wire to Ware & Leland. New York. Oct. 15.—Dow .lone* Sc Co.'s Himimary; America*' stocks lu Ixomlou steady nt almut partly. West and Traders Shifted Position From Bull to Bear Side. NO DEMAND LEFT Oct. Nov. Dec. Jan. Feb. Mch. }!»y •tune July 11.3SI11.41 tl.39|11.31 r. 11.28 11.31 r 11.37 11.27 5 11.47 11.52 111.67 11.74 Mosed steady. n.19-: 11.21-22 11.23 11.3041 11.3547 11.51-62 11.64-66 11.99-70 11.29-30 11.34-38 U. 49-60 11.5940 11.64-66 11.74-76 11.07-71 NOTES ON GRAIN Polntera on Provisions. Private Wire to Glbert Sc Clay. Chicago. Oct. 15.—Wheat Is recovering from early weakness. Minneapolis Is doing K he -i*S ln *' a# TJ 1 * needs a lot of bearish activity if pricea are to b* put down. These are not In evidence. Carrington bought October ril»s, snu there has been short covering of October and November lard. Looks Uke Swift selling November lard on bulge. investigation of the relations *f the railroads to the elevator people and to the conduct of operations or Imth In recent S years. .The Interstate commerce comiuls- on will start its Investigation here Mon- ty. The-last congress passed a resolution requiring It. Extensive preparations hare been made, nnd a vast amount of evldencr haa been, secured by the attorneys for the commission. The anti-elevator faction of the grain trade has been accumulating evi dence against the elevator Interpat for ten years, nud has l>een greatly assisted by tho recent Investigation by the Interstate com merce commission In the heavy transfers nt Omaha. All of the Irregularities In hnn- — -rain by the elevator people and roads are expected to be brought out. The prohibition of exports were 20.000 wheat, 76,000 corn and 75,- oats.. Duluth reported a good export demand, but mentioned no figures about sales. The see»»oanl sold 12*>.W wheat. 40.- 000 bushels of cum and 159,090 bushels cf oats. Charters hero were 100,003 bushel* corn at 2c to Buffalo. Vessel agents who handle the largest number of boats say they are chartered ahead. Other agents any that loans are herd to get. _ A miller from Cold Water. MIcb., who was here yesterday, aald that since the pub lication of tbe gorerunnnt crop report . xnccfed and __ tot demand for food stuffs has fallen off most de cidedly. Prior to the Issuance of the crop report, the demand for food stuffs was k^FionV stock In the United States and Canada on Ovtolmr 1, Including holdings by Interior mills, were 1.096.000 Mrrel^ «mi- red with 1,83*000 September 1 and 2.016,- .,J ortnlier 1. last year. Wheat stocks were 88.49*000 laurel a, an Increase of 24,000.000 last month and 22.000,0ft) over October 1 °A* J b^f*Iie seeding of winter wheat, many reiM>rt* to The Dally Trade Bulletin say that the acreage will ho larger. Fifty re- irts say it la about the same, forty .that will be larger and teu declare that It Is be smaller. WHEAT HI START - II FRACTION LOWER Due to Larger Receipts and Disappointing Advices From Liverpool. Chicago,, Oct. IB.—Wheat closed 6-8© 6-4c. lower for the day. There we, lack of short,, while the offerings were larger The feeling waa bearing. An IncreMe In the world's visible Is looked for Tuesday, and larger Northwestern re ceipts are expected, which, with the lick uf export demand, save on breaks. Is likely to work against values. Corn closed 1-I01-4C. otf; oats were 1-40 *-8c. tower and provisions were 2 1-lC* lac. higher for pork and lard, but 2 l-2c lower for ribs. Primary receipts of wheat 1,711,000 bushels, and corn 690,000 bushels, com pared • with ■ 1,829,100 and 478,000 bushels respectively a year ago. Clearances for the day were 429,000 bushels wheat, 236,000 corn and 22,- 000 oats. .. The visible supply of wheat Increased 1.649.000 bushels; corn decreased <60.- 000 bushels, and oats decreased 60,000 bushels for the week. Cash sales at Chicago were 21.000 bushels wheat, 90,000 bushels corn, and 110.000 bushels oats. Ths seaboard reported thlrty-flve boat loads wheat, nine of corn and 170.000 bushels oats for export. CHICAGO GRAIN MARKET. TRADING BASIS ALL OUT OF GEAR New Oridm. Oct. 15.-The Tiroes Demo crat says: “The end of the week found the nice adjustment of the rotten trade little more than a memory, anil the talent and actual cotton merchant hedged about liy many limitations and licet by many fears and doubt*. The violence of recent fluctuations has unset the customary chan nels of trade, and rendered difficult even the most ordinary of transactions. Conse- quentlr, complications hare pllnl up rather than diminished. On the face of toe prop osition. the trading basis Is nil out of gear. Apparently, tho October option tuay with profit lie sold nxalnat spot cotton. A* a matter of fact, desirable cotton Is ou the excellent enough demand to command high premiums, hence tbe holder or long contracts has only low grade tenders to faar. On the other hand, the msn who wonld like to deliver the goods on Octolier hesitates to sell for fear that the grade differences may lie turned against the only sort of cotton he cares to unload In that way, because of the relative scarcity of the better grades. Mennwhlle, other fac tors are at work, and tbe nncertslnty at tending both the spot ami the future mar kets haa so affected trading tbnt every ■lay hedging operations, legitimate and or dinary safe enough for all practical pur Chicago grain tnd' provision quotations for today follow: Open. High. £ i I 23 WHEAT- 300 an <l V'OiiN- 8S:.v:. 9t July OATH— D*»o rrfli aw May 35U 35Vk ’te-*** Jan.... 13.80 13.95 May... 14.02!** 14.05 .LAUD— Oct.... 9.37H i.STtf Nov... 8.90 8.95 Jan.... 8.20 5.27V* f SIDES— 78Vk S3 B Jot 'the welfare of the actual cottou trade. Nor Is a satisfactory remedy to l»o easily found until the cotton market shall have adjusted Itself to the new order of things. A enreful analysis of recent events brings to light n direct chain of potential Influences originating In the overthrow of the middleman's control when the Houth began to shake off the yoke. The middle man being a very necessary part of the cotton business, confusion has followed tho _ dividend probably Wednesday. , Actual earnings of Burlington estimated at 17.81 per cent on the stock. Interstate commerce committee will bring charges at Washington against Union Pa cific Railroad and Union raclflc Coal Com pany. Outlook Is for serious shortage of snot Iron and'furnaces are much -behind dcllv- rles. Cooler weather stimulating demand for coal. Light demand for stocks in Joan crowd. Rock Island reports more business iu sight than the rood can carry. National City Bank shows the larger part of gain in cash nnd National Bank of Commerce shows the pribclpal.lucrcnse iu loans in the bank statement Twelve ind .... Twenty actlre rails decllued .82 per cent,— Ware & Leland. WARE & LELAND’S DAILY COTTON LETTER, New York. Oct. 15.—With geueral ralus In the Southern cotton ficTt over Sunday, tho larger Interests working for a reaction of tbe market were compelled to cover shorts In Liverpool this moral was a sharp advance •... at one time. Later In the day. gfjio polnta of this was lost on profit-taking. Lnt the dose was some SO point*, or 40 American polnta. higher than Saturday. The amount of cotton purchased abroad must have l»een enough, or the amonut for sale ab normally limited. This Is the most ex cited advance^ of the season, and showed the possibilities of the cotton market at the present time. Outside of profit-taking, there was very little pressure on the mar ket, and January.rnled around 11.25. Opera tions were on sn extensive scale, and with more bad weather promised for tonight and tomorrow In the eastern l»elt. where frosts bnvo recently stopped growth, there was little disposition to sell short. There. nt course, will l>e setbacks, such as look place on Thursday and Friday, but on any decline of substantial proportion. It looks ns though the buyer of cotton wonld have a chance to sell oat higher ap. “ mrts froi Indsttc. Loudon Did Little Buying. About 15,000 Shares ou Balance. New York, Oct. 15.—'The disquieting movement lu progress at the close of Irm week continued In a desultory wny this morning, and for the same ressoa*. It Is still not believed even by the most cantl'»:s Wall street operator that Hearst's candi dacy will he successful at the next month's parity In recent lotting odda would Indi cate, and that It Is altogether wrong to as sume that a conservative victory can l»*. glu to he discounted Jo tbe financial more- ment. The statement put out from Repub lican headquarter* at tbe close of !/*•? week haTS strengthened this feeling. In speculative circle* the argument is that whichever wins there trill be greater »r less fluctuation* nnd nervousness in the market. Prices fell awity very generally during the morning, but the losses were mostly fractional and at the lower lord de cline* nettled down on tbe trading, which Is the fn miliar sign when real selling Is ap proaching exhaustion. Price movements cn tho stock excliaiigs during the first hour were on the down THE LONDON STOCK MARKET. city factors hold very little spot cotton with which to moke the pressing demand for supplies. On the week, the New Or leans prices gained 716c on middling snots, while the Itccember option was better by 72 points.”—YV8re & Leland. COTTON SEED OIL MARKET. Following are t dng nnd closing stt-m 9.60 8.85 8.25 ..2.62 ..1.64 ..l.tW ..1.54 CENTRAL STATION. II| IP Cm Atlanta Augusta .... * Charleston . Galveston . . . Little Rock . . . Memphis : - • • « Mobile Montgomery . . New Orleaus . . Kavnnnnh .... Vicksburg .... Wilmington - i Urr T~Indicates Inappreciable rainfall. REMARKS. the°e*sfern U nnd lower ovomEp western half if t” *£? pi*» •»>“"• ,i "'“ f r", ln thu wMtrrn •llstric-t«. the nmounts Ix'lti* hooi-Y- in l^iulslana, Texas and Arkansas. b«ny »n w*'™"* w % MITUIIEI.U Temporarily In Charge. Dlst. Averages. 1 .ml Mux. 68 .00 tilfh.r over TEXAS WEATHER. Itut tho homo's nro Imilt blxb. nml tli.r* «u» on If n bit of olnrui without iiujt root <ll A*»low rain I* railing ov.r **>iitb T«x**. wltlrh 1* thoroughly Making tho groinol nml I* Ili'lnylug tho pli-ktna of cotton. However, It It tilling the water hole* nnd la imtIlUK II mint excellent aenson Into the unwind. The eolith Texni eotton cru|i has 0*1-11 gnlhrn.il to ell Intent* nml pimmne*. and tho hulk of It ha* been marketed, therr hnrlnir lieen mi os[H*cl*l rush during the '"I'nuoton-'t/iere w«* quite a blow Inal night nhme the rno.t, but if any ■ ■— It ImM not liera * * 6UUMA a GIBERT & CLAY STOCK.. BOND. T. COTTON. CHAIN. corree. provision* members ATLANTA. OA f" York Stack Kxchtnga.lN.ir Orlran, Cotton Exeh»n*e.|ChlcsgoBo.rdofTnia«. t»Ml and Long Dl,t»nc. TaV.ehon"Sml' Eld, * n ^f I n. FAGAN. Manan.is ALONZO RICHARDSON & CO-, PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 85S. ATLANTA. GEORGIA- damage has bcco r, 'lvrti’iin, of I’ort Arthur wrrr Ir.nndnn hr the hlowlng of the water of H.ihlne rivi netting Into the lower |vortlou, aud aoluc lumber rafts were broken up. At Grange, tile street* w;ere fllleil with nter nnd the water ni blown up Knbtne ver. The river front of llennmout had the Mine experience. WEATHER FORECAST. Georgia—Increasing’ chiudliieM or day: prohaldy .bower* Tuesdny; IlgUt in- rtahle wind., mostly east. , . vlrglnls—Fair Momhty. with slowly r sing teroperature: Tuesdty perily cloudy; lighr Nortif rarollua nnd Honth Csrollua—Fair Monday nml Tnesilny: exi-ept rain luesday- in west portion; light northeast to east W Western Flnrlds -Itslu Monday nnd prnl« lily- Tuemlay; froab poMlhly brisk north •SSkSffW aud prebably Tuesday; fresh probably Pruu «Hi*t winds. . M . I^uislnns—Rain Monday nnd Tuesday, fresh to brisk cast winds. . . Eastern Texas—Ahowcrs Monday J* eastern portion Tuesday, fresh and varU- *Arknnoa•—ItaIn Yiondsy and prdoilfly Tuesday. . except fair In „ _.y rain. Kentucky—Fair Monday except rein lii Tennessee—Ruin Monday, northwest |*ortlou: Tm**«l», extreme west portion; Tuesday rains Western Texas— Fair Monday and Tiles* ,fl Rilnols. ludlnna. Missouri, lows * nnd Kansas—Probably showers tonight and to morrow: not ranch change In tempers lure. 1 Wisconsin—lucraqsluf cbradlnss^ and H Yi r /nne»»|H.lls. North Dakota. Bonth Dakota uml Montana—Wanner; sl»**wers probably. • •A»n WHBAT— 7.52V4 , 7.47*4» 7 63 CHICAGO CAR LOTS. Wlieut 62 130 Corn 422 408 Oats 347 Ilogs \ 25,000 13,0ft) THE LI VER POOL ~GRA IN M A R K ET, October . • , November ., . December .. .. December .. .. March July Closed steady. 834. SOUTHERN EXCHANGE OldMt Established Office South. cornu STOCKS—Bonos GRAIN Ground Floor Gould Building. Daily market letter and market manual mailed on application. GIBERT & CLAY’S DAILY COTTON LETTER. New Orleaus. Oct. ]5.-r-Rain lu Texas af ter the t-cfftit cold wave has created sentl- ment nhrhnd lu n very bullish mold, op tions closing in Liverpool today 20 points over Hnturdny's prices, while spot sale* were 7.000 hales nt an advance In qnntn- tlons of 26 points. The weather iiiniu whirl DuctuntIons largely depend continues un favorable. Fairly general rains occurred In Texas Saturday and Sunday and heavy pre cipitations were also shown oiiModa.v'* mail as having occurred In Arkansas sud north Louisiana. Forecasts for tomorrow Indicate further moisture lu the western lielt nnd similar ludlcntlons extend likewise to Ala bama and Mississippi. These adrsrss cir cumstances affecting the unpicked portion of the cron, hare glveu rise to reualderahle apprehension as to approximately what dnmage will accrue. However, severe c«»hl weather with heavy ,nr killing frost, fol lowed l>y rein makes tbe position of hears all the more unteuAhlc nnd haa incrcuoed In proportion pubic sentiment favorable to higher pricea. The Giles eatluintc today Indicates a cro' of 11,400,000 bales and has consider* lily ^Increased the tension of fear which already abounds am! which has re sulted In a nervous market nnd one not par ticularly desirable to be deeply Interested to. STOCKS— Amalgamated popper. . . Anaconda Atchison : .. ..- *. .. do, preferred Baltimore aud Ohio. . . . Canadian Pacific Chesapeake and Ohio. . . , Cldc., MU. *ud iKt. Paul.. Erie do. preferred Illinois Central Isontsvllle and Nashville. . . Missouri. Kansas and Texas.. do, preferred. . . New York Central. . Northern Pacific Norfolk and Western. Peunsy Iranis Heading Rock Island Southern Pacific. \ . Southern Rnllwsy. .. • Pnlon Pacific United States Steel.. do, preferred Wabash., do. Denver preferred., nud Rio ( TURPENTINE GAINED SHARPLY FOR WEEK umicr wool inr,T .wrrr « yrnr iuuuku the statistical position Is apparently f»et. ter. the recent storm having had a marked effect on ths supply of trees available. The receipts for the week ending today were considerably less than for the same week cf last yesr. In the late trading thl* afternoon only a small part of the offerings were taken at quotations, though lower-bids •••re refused In every Instauee. Tbe rosin market r!os#4 tbs week at »»l»- ata nt in I advances In every grade, the ad vance lielng tbe greatest In the pale grades. The tendency In the late trading of today wn* to make sharp declines In many grade* below N. Tbs recslpta for the Wfttk Cere dlghtly In excess of those for last yesr. Prices are higher than tbe same time last year for the, three highest grades and the three lowest. Apparently an effort la l>elug started by large exporting Infer- Sets to hammer the rosin market. Just how far the Independent buyers can or will absorb offerings at prices shore those of fbe combine is on open question. THE 8UGAR MARKET. London beet market steady; October 9s 6 St higher; close, uucknuged L. J. ANDERSON* CO Bankers and Brokers, COTTON, STOCKS, GRAIN Corrsspondsnrs Capital $250,000 RCrCRENCr, THE NEAL BANK PHONE 1417. PRUDENTIAL 01.00 J LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers' Checks, Brown Brothers' Letters of Credit available in all parts of the world. WM. r„ PBKf« President. nODGUT F. MADDOX. Vic, PreiMekl THOMAS 3. PREPI.ES. Cashier. MADDOX-RUCKER BANKING COMPANY. CAPITAL $200,000.00 SURPLUS AND PROFITS . . $500,000.00 Accounts, small as well^s large, invited. 3 1-2 per cent interest paid and compounded semi- annually in our Savings Department. Safe Deposit■ Boxes For rent in our vaults in tbe basement of ths Empire {Building for only $5.00 each per annum. Absolute Security and all Modem Conveniences You should not be without one. We invite you to call and inspect them. Title Guarantee and Trust Co. Frank Hawkins. President. Third National Bank Capital .... $200,000.00. , Surplus .... $300,000.00. D1RECTOR8I j. II. Ynnn.llr. Frank ll.wktu., S. C.rroll Pars* H U. Atkinson. JC. II »o*.er. Joseph A. MrOrd. Da.td Wnodnrd. 3i % Compound Interest la the rate your money will draw If deposited in the SAVINGS DEPARTMENT of CENTRAL BANK AND TRUST CORPORATION CAPITAL $500,000.00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE You are Invited to call and Inspect our quarter, and investigate our facilities to lerve you. A hearty welcome a waits you at thla bank. ASA G. CANDLER, President. W. IL PATTERSON, Viee-Pret. A. P. COLES. Caihler. JOHN 8. OWENS, Vice-Fret. WM. D. OWENS. Aaet. CatVer.